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Thursday, March 20, 2014

TNO's Legal Problems

Teodoro Nguema Obiang Mangue, Equatorial Guinea's second vice president (and oldest son of President Teodoro Obiang Nguema Mbasogo), was notified this week that French authorities are putting him under formal investigation for money laundering. The move is roughly the equivalent of an indictment in an American court.

France has been investigating corruption involving the leadership of three African states--Equatorial Guinea, Gabon, and Cameroon--in a case known as les biens mal acquis--"the ill-gotten gains"--since December 2010. As part of the investigation, France has seized property belonging to the younger Obiang, including a fleet of expensive cars and an estate in central Paris.